"Yea, that was the primary feature that caught my eye. The real trick will be to get people to actually value the BitCoins so that they become currency. I would be surprised if 10 years from now we're not using electronic currency in some way, now that we know a way to do it that won't inevitably get dumbed down when the trusted third party gets cold feet. It could get started in a narrow niche like reward points, donation tokens, currency for a game or micropayments for adult sites. Initially it can be used in proof-of-work applications for services that could almost be free but not quite……

…It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.”